IBM Big Data Hub

SEPTEMBER 18, 2023

This is just one of many examples that show how the payments space has evolved. Through this period of rapid transformation, financial institutions must also deliver frictionless experiences to help maintain long-lasting client relationships and gain new market share.

Customer Experience 75

Customer Experience Financial Services Cloud Compliance 75

IBM Big Data Hub

APRIL 5, 2024

For example, HPC offers high levels of computational power and scalability, crucial for running performance-intensive workloads. As an integrated solution across critical components of computing, network, storage and security, the platform aims to assist enterprises in addressing regulatory and efficiency demands.

Artificial Intelligence 69

Artificial Intelligence Computer and Electronics Financial Services Manufacturing 69

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 68

Cloud Financial Services Compliance Digital transformation 68

IBM Big Data Hub

FEBRUARY 22, 2024

IBM’s Enterprise Cloud for Regulated Industries Building on our expertise working with enterprise clients in industries such as financial services, government, healthcare and telco, we saw the need for a cloud platform designed with the unique needs of these heavily regulated industries in mind.

Cloud 78

Cloud Computer and Electronics Compliance Financial Services 78

IBM Big Data Hub

JANUARY 10, 2024

Hybrid cloud has become the dominant approach for enterprise cloud strategies , but it comes with complexity and concerns over integration, security and skills. Hybrid cloud is also forcing a significant rethinking of how to secure and protect data and assets.

Security 76

Security Cloud Data Privacy Financial Services 76

IBM Big Data Hub

AUGUST 17, 2023

The executive order from the President of the United States, “ Responsible Development of Digital Assets ,” is one example of the public acknowledgment for the need for prudent development of such assets. Banks and governments are actively seeking CBDC because it is a more secure alternative to crypto.

Blockchain 74

Blockchain Financial Services Risk Authentication 74

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. The service determines whether an application is malicious or suspicious and, if so, will block it from making changes to any files in a protected folder. The post U.S.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

IT Governance

OCTOBER 13, 2023

October is both Cybersecurity Awareness Month in the US and European Cyber Security Month in the EU – twin campaigns on either side of the Atlantic that aim to improve awareness of the importance of cyber security both at work and at home, and provide tips on how to stay secure.

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Compliance madhav Tue, 09/19/2023 - 05:17 It is essential for any business that stores, processes, and transmits payment card information to comply with the Payment Card Industry Data Security Standard (PCI DSS). Consumers’ payment data is a compelling target for criminals who continue to circumvent IT security defenses.

Compliance 77

Compliance Financial Services Data breaches Encryption 77

Security Affairs

APRIL 6, 2023

Financial services are the main target for cybercriminals, so the threat for the organizations and their customers is severe. The leak also affected Bloom Money and Admiral Money – two financial companies based in the UK, and Reed, which is the UK’s top recruitment agency. env) belonging to idkit.com, owned by OCR Labs.

IT 91

IT Financial Services Access Risk 91

Security Affairs

APRIL 20, 2023

In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. However, despite the critical status of bank infrastructure on the national level, the security of crucial data was not ensured. million files belonging to ICICI Bank.

Personal data 98

Personal data Phishing Risk Financial Services 98

IBM Big Data Hub

MAY 9, 2023

IBM’s announcement today of the Watsonx platform to power next generation foundation models for business is a prime example of how we are doubling down on the technology that will transform the enterprise. Now I’d like to share a few examples of partner work doing just that.

Cloud 99

Cloud Financial Services Marketing IT 99

Data Protection Report

AUGUST 2, 2022

Organizations should also be aware of sector-specific statutory obligations which may apply to them, for example in health or financial services industries. M&A and Securities law. The authors would like to thank Marilou Bouthiette, law student, for her help in preparing this blog post.

Compliance 137

Compliance Privacy Risk Financial Services 137

Krebs on Security

AUGUST 13, 2021

But with countless criminals now making millions from ransomware, there is certainly a vast, untapped market for services that help those folks improve their operational security. “To date, this type of analysis has been used primarily by regulated financial service providers.” ” Update, 1:42 p.m.

Blockchain 290

Blockchain Analytics Marketing Ransomware 290

Krebs on Security

SEPTEMBER 29, 2021

“Intel 471 has seen an uptick in services on the cybercrime underground that allow attackers to intercept one-time password (OTP) tokens,” the company wrote in a blog post today. Some services also target other popular social media platforms or financial services, providing email phishing and SIM swapping capabilities.”

Passwords 311

Passwords Authentication Phishing Access 311

The Last Watchdog

DECEMBER 21, 2021

Some 11,800 computer software companies, 10,000 IT services vendors, 5,500 health care organizations and 3,200 financial services firms continue to maintain on-premises Exchange email servers, according to this report from Enlyft. Installing any critical security patches in a timely manner. Power source fails.

Cloud 195

Cloud Financial Services Communications Ransomware 195

Data Matters

AUGUST 17, 2021

On August 11, 2021, the Federal Financial Institutions Examination Council (FFIEC)1 issued guidance establishing risk management principles and practices to support the authentication of users accessing a financial institution’s information systems and customers accessing a financial institution’s digital banking services (the Guidance).

Authentication 88

Authentication Access Risk Financial Services 88

Collibra

OCTOBER 31, 2023

With every financial services organization focused on making better and faster decisions, data professional and business leaders are eager to better understand how AI can facilitate their strategic goals. Financial services orgs, especially those in capital markets, frequently has been on the forefront of generative AI investment.

Marketing 99

Marketing Government Financial Services Artificial Intelligence 99

IBM Big Data Hub

JULY 12, 2023

For years, the bank has been part of IBM’s growing ecosystem of financial institutions and technology partners leveraging IBM Cloud for Financial Services to help deliver more improved customer services and products better tailored to each individual customer’s financial needs.

Digital transformation 50

Digital transformation Financial Services Cloud Customer Experience 50

IBM Big Data Hub

MARCH 27, 2024

In Africa, for example, recurring droughts, floods and cyclones due to climate change might cause crop failures and food insecurity. In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life.

Risk 65

Risk Artificial Intelligence Agriculture Financial Services 65

Rocket Software

AUGUST 17, 2020

Depending on what industry you’re in, your approach to security may be very different. For some sectors, like finance, security and data protection are top of mind for everything that is done. Financial services organizations typically experience the most data breaches and hacks, which makes security a priority.

Authentication 52

Authentication Financial Services Passwords Insurance 52

IBM Big Data Hub

JANUARY 15, 2024

For example, generative AI as a prompt engine will improve efficiency by dramatically reducing the time humans take to create outlines, come up with ideas and learn important information. For example, applied ML will help organizations that depend on the supply chain engage in better decision making, in real time.

Digital transformation 75

Digital transformation Customer Experience Artificial Intelligence IoT 75

IBM Big Data Hub

FEBRUARY 5, 2024

The Digital Operational Resilience Act (DORA) marks a significant milestone in the European Union’s (EU) efforts to bolster the operational resilience of the financial sector in the digital age. Furthermore, the RTS Article 6 highlights the necessity for all networked traffic, both internal and external, to be encrypted.

Encryption 72

Encryption Data Privacy Compliance Cloud 72

Thales Cloud Protection & Licensing

FEBRUARY 12, 2024

As an example, the math behind the cryptographic technology today takes many years to crack, making it sufficient to protect our technology today. Keys are are what locks and unlocks the secure algorithms by programs and applications that need access to the secure data.

Artificial Intelligence 71

Artificial Intelligence Cloud Risk Digital transformation 71

IT Governance

AUGUST 26, 2021

In this blog, we look at the key issues that you will face. For example, financial services firms may be worried about employees breaching insider trading laws. A hybrid working model creates new security risks for organisations – not least because data is frequently transferred between office-based and remote employees.

Compliance 119

Compliance Data breaches Privacy Risk 119

IT Governance

NOVEMBER 23, 2023

The financial sector is quite heavily regulated, and involves a lot of confidential data. You’d therefore expect that the sector fares better at data security than your average organisation. Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services.

Risk 104

Risk Data breaches Authentication Financial Services 104

eSecurity Planet

NOVEMBER 16, 2021

Bad actors are increasingly using a technique called HTML smuggling to deliver ransomware and other malicious code in email campaigns aimed at financial services firms and other organizations, according to Microsoft researchers. This is a major headache for security product vendors. See also: How to Prevent Ransomware Attacks.

Ransomware 106

Ransomware Education Phishing Passwords 106

Krebs on Security

MARCH 23, 2020

” Historic WHOIS registration records from Domaintools [an advertiser on this blog] say Weblistingsinc.org was registered in Nov. According to Farsight Security , a company that keeps historic records of which Web sites were hosted at which Internet addresses, Weblistingsinc.org was for a while hosted at the IP address 68.169.45.65

Sales 250

Sales Marketing Financial Services IT 250

Data Matters

DECEMBER 4, 2019

Cryptoassets cannot be physically possessed, so they cannot be the object of a bailment, and only some types of security can be granted over them. However, because of the potential to facilitate near-instant messaging, clearing and settlement, blockchain and cryptoassets have a particularly promising potential in a financial services context.

Blockchain 60

Blockchain Financial Services Healthcare Marketing 60

Data Matters

DECEMBER 4, 2019

Cryptoassets cannot be physically possessed, so they cannot be the object of a bailment, and only some types of security can be granted over them. However, because of the potential to facilitate near-instant messaging, clearing and settlement, blockchain and cryptoassets have a particularly promising potential in a financial services context.

Blockchain 60

Blockchain Financial Services Healthcare Marketing 60

Thales Cloud Protection & Licensing

FEBRUARY 27, 2023

Government & Central Banks Central banks are exploring the use of central bank digital currencies as a way to take advantage of the benefits of cryptocurrencies for economic growth, while also minimizing the potential risks to financial stability: 1. This could ultimately benefit banks by reducing the risk of financial instability.

Financial Services 71

Financial Services Access Risk Security 71

IBM Big Data Hub

SEPTEMBER 5, 2023

Mainframes sported green-screen terminals (or terminal emulators), mainframe-specific tools and programming languages, and entirely different ways of organizing and accessing data, managing security, and leveraging any operating system-level functionality. It’s easy with open source appeared first on IBM Blog.

Cloud 126

Cloud Digital transformation Financial Services Manufacturing 126

Thales Cloud Protection & Licensing

JULY 9, 2018

Individuals and businesses need to combat these threats to secure their own assets and reputations as well as to comply with increasingly numerous and rigorous regulations, such as the EU’s now active General Data Protection Regulation (GDPR). For example, a national identity number of nine digits (123-45-6789) when tokenized (e.g.

Digital transformation 75

Digital transformation Financial Services Encryption Insurance 75

KnowBe4

MAY 31, 2023

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. Blog post with links: [link] [Live Demo] Ridiculously Easy Security Awareness Training and Phishing Old-school awareness training does not hack it anymore. Yup – shoe store.

Phishing 72

Phishing File names Security awareness Risk 72

Rocket Software

NOVEMBER 19, 2020

For example, RPA has the capacity to assist claims administrators and very possibly transform the financial model of healthcare altogether. That’s just one (albeit particularly timely) example of the power of RPA. Hire a Robot(ic Process Automation Tool) appeared first on The Rocket Software Blog. The post Busy?

Insurance 68

Insurance Financial Services Sales Government 68

Info Source

JULY 6, 2023

For example, if your experience as an end customer in an interaction with your bank, insurance carrier, car dealer etc. Let’s illustrate the role an IDP solution can play in ensuring a positive customer experience by examining the different stages of a Customer Onboarding process, using the example of a loan application.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

Data Protection Report

JUNE 14, 2022

As privacy incidents and security breaches involving personal information become increasingly frequent, organizations are more and more aware of the importance of implementing a robust privacy program to mitigate the risks and impacts of such incidents. Legal Obligations. Procedural Considerations. Procedural Considerations.

Privacy 52

Privacy Data breaches Compliance Financial Services 52